For the fourth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. The ITR European Tax Awards, which this year took place with the physical presence of participants on September 16, 2022, is held annually aiming to recognize distinguished tax service providers from the Europe, Middle East and Africa (EMEA) region. EY Cyprus has taken part in the Transfer Pricing Firm of the Year award since 2019 and has been awarded with this recognition every year since then.
EY Cyprus provides a wide range of tax services, ranging from direct to indirect taxation, and is recognized by its clients in Cyprus and abroad for its outstanding record and expertise and for creating functional solutions to complex tax issues.
Commenting on the award, Philippos Raptopoulos, Partner and Head of Tax and Legal Services of EY Cyprus, stated: “This important distinction, awarded to us for the fourth year in a row, is a recognition for the experience, professionalism and hard work of EY teams, and, once again, confirm the acknowledgment of our work by our clients. We are committed to continue investing in technology and human resources, improving and enriching our services so that we can continue to provide the unique level of tax services that the market identifies with EY."
Charalambos Palaontas, Partner and Head of Transfer Pricing Services of EY Cyprus, noted: “We are extremely proud of this new distinction. In a fluid and uncertain environment, in which important international legislative initiatives regarding corporate taxation are being presented, while the reform of the Cyprus tax framework is also imminent, the value of EY's tax services is growing in importance. Our dedicated professionals, with their extensive expertise and the backing of EY's global network, will continue to support our clients, in Cyprus and abroad, by offering high-level services that provide effective solutions to complex tax issues."
EY Cyprus through its international network provides tax advisory and compliance services in a wider geographic span, applicable to a range of sectors and in accordance with client needs.